Home / BUSINESS / EU provides Rs. 810 million in technical assistance to modernize SL’s agricultural sector

EU provides Rs. 810 million in technical assistance to modernize SL’s agricultural sector

The European Union has launched a Rs. 810 million project to support the modernization of Sri Lanka’s agriculture sector.

The project “Support to the modernization of the agriculture sector in Sri Lanka” will be implemented by Ecorys, a leading European research and consultancy company.

The technical assistance team will assist the Government in making the agriculture sector more productive, diversified, climate-resilient, market-oriented and equitable through facilitating an agricultural sector reform process.

The program will support the development of an overarching agriculture policy where issues such as gender, climate change, nutrition and youth will be integrated. In addition, it will promote the diversification of high value agricultural production, including a focus on improved export earnings. Climate change and identification of ways in which malnutrition can be eliminated will also be an integral part of the assistance provided.

A workshop held in the context of the project with participants from Government institutions, private sector, civil society and academia focused on a coordinating mechanism for the New Agriculture Policy (NAP), the impact of decentralization and fragmentation of the agriculture sector. The workshop concluded by agreeing on a common approach on the development of an overarching agricultural policy and its implementation strategy.E

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